Florida catastrophe reinsurance rates rise only slightly: JLT Re

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LONDON (Reuters) – Reinsurance rates to hide assets catastrophe injury in storm hotspot Florida rose only moderately at June 1 renewals, regardless of report losses in 2017, dealer JLT Re mentioned on Friday. JLT Re mentioned fee will increase have been observed within the low unmarried digits, an build up it known as "negligible" and a few method beneath marketplace expectancies. The dealer mentioned call for from traders to place cash to paintings within the reinsurance marketplace remained robust, with devoted reinsurance capital at report ranges. …



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